When you think about platforms in the construction industry, chances are you’re thinking about concrete platforms designed to support steel beams and tall pillars. Munich-based startup Comstruct wants to design a different platform to digitize the construction industry — a software platform. And the startup is announcing a $12.5 million Series A round led by GV […]
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The race is on to build a new generation of healthcare software to replace legacy hospital systems that in some cases may not have been updated in decades. A startup out of Munich, Germany called Avelios has ambitions to build a new kind of end-to-end administrative system, leaning into more modern tooling using AI and […]
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Emblem, a relatively new European VC firm based in Paris, is announcing the final closing of its first fund. Eighteen months after the first closing, the Emblem team managed to secure €80 million in total (around $85 million at current exchange rates). This is no small feat in the current funding environment. According to Atomico’s […]
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Modern product engineering requires the production of highly accurate digital simulations, allowing engineers to create prototypes and understand the real-world performance of materials. Currently, legacy software platforms from companies like IBM and Dassault are generally employed, but — now powered by Generative AI — startups are joining the arena. One such is Trace.Space, coming out of […]
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Every Sunday, NPR host Will Shortz, The New York Times’ crossword puzzle guru, gets to quiz thousands of listeners in a long-running segment called the Sunday Puzzle. While written to be solvable without too much foreknowledge, the brainteasers are usually challenging even for skilled contestants. That’s why some experts think they’re a promising way to […]
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Boston Dynamics Wednesday announced a partnership designed to bring improved reinforcement learning to its electric Atlas humanoid robot. The tie-up is with the Robotics & AI Institute (RAI Institute), earlier known as The Boston Dynamics AI Institute. Both organizations were founded by Marc Raibert, a former MIT professor who served as Boston Dynamics’ CEO for […]
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And it’s the latest in an ongoing saga over the company’s future ownership.
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Sonos announced that it has laid off 200 people in a letter posted to its site Wednesday. The news follows a 100-person layoff in August. Both rounds arrive in the wake of a disastrously botched update to the Sonos app that alienated broad swaths of the premium audio hardware firm’s extremely loyal fanbase. The new […]
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